MINUTES OF MEETING INDIGO EAST
COMMUNITY DEVELOPMENT DISTRICT

The regular Meeting of the Board of Supervisors of the Indigo East Community Development District was held on Tuesday, May 17, 2022 at 9:00 a.m. at Circle Square Commons, 8395 SW 80th Street, Ocala, FL.

Present and constituting a quorum:

JohnGysen Cynthia LaFrance Terry Solan Harold Brouillard Bob Hutson

Chairman Vice Chair
Assistant Secretary Assistant Secretary Assistant Secretary

Also present were:

George Flint Rachel Wagoner Ken Colen Bryan Schmalz Crystal House Michael Baldwin Bob Gang
Jonathon Johnson Jerry Colon

District Manager Colen & Wagoner BLCCDD
OTOW BLCCDD
Jefferies Greenberg Traurig Kutak Rock

*The meeting recording stopped after Item 5. Remaining items 6 through 14 were summarized using meeting notes.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order. Five members of the Board were present at the meeting, constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: Are there any public comments at this point? Hearing none,

May 17, 2022
THIRD ORDER OF BUSINESS

Notice for Meeting

Indigo East COD

Mr. Flint: The notice of the meeting was included in the agenda and the meeting was advertised in the Ocala Star Banner back on September 14th indicating a meeting would be held today in this location at 9:00 a.m. or as soon after as possible.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the February 15,
2022 Meeting
Mr. Flint: Next is approval of the minutes from February 15th. Did the Board have any comments or corrections to the minutes? Hearing no changes, is there a motion to approve them?

On MOTION by Mr. Brouillard, seconded by Ms. Lafrance, with all in favor, the Minutes of the February 15, 2022 Meeting, were approved.

FIFTH ORDER OF BUSINESS	Ratification	of	Dewberry	Work
Authorization 2022-01 for Stormwater Needs Analysis Report
Mr. Flint: Item 5, you may have heard the explanation to the Candler Hills East Board, but the legislature adopted a new requirement last year that impacts all government entities, including special districts. It requires governments that operate stormwater systems to prepare a 20-year needs analysis and that has to be updated every five years. It has to be filed with Marion County by June 30th. Due to lack of time and the need to get that report started, I have executed the work authorization with Dewberry. I'm asking the Board to ratify that action.

On MOTION by Mr. Gysen, seconded by Mr. Hudson, with all in favor, the Dewberry Work Authorization 2022-01 for Stormwater Needs Analysis Report, was ratified.

SIXTH ORDER OF BUSINESS	Ratification of Proposal from Taylor &
Sons	Ground	Breaking,	LLC	for	3 Depressions
Mr. Flint reviewed the proposal from Taylor & Sons for three depressions. Mr. Flint asked the Board to consider ratification of the proposal.

May 17, 2022	Indigo East CDD

On MOTION by Ms. Lafrance, seconded by Mr. Gysen, with all in favor, the Proposal from Taylor & Sons Ground Breaking, LLC for 3 Depressions, was ratified.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-02
Approving the Proposed Fiscal Year 2023 Budget and Setting a Public Hearing
Mr. Flint presented the proposed Fiscal Year 2023 budget. He asked the Board to approve Resolution 2022-02 which approves the budget and setting a public hearing to adopt the budget.

On MOTION by Mr. Solan, seconded by Mr. Gysen, with all in favor, Resolution 2022-02 Approving the Proposed Fiscal Year 2023 Budget and Setting a Public Hearing, was approved.

EIGHTH ORDER OF BUSINESS	Ratification of Actions Taken by Chair in
Executing Deeds and Agreements Relative to Property Ownership and Maintenance Responsibilities
A. Memo Regarding Consideration for Transfers Pursuant to Approved Actions to Finalize Operation and Maintenance of Indigo East Structuring
B. Quitclaim Deeds
C. Easement Agreement with On Top of the World Communities, LLC
Mr. Flint reviewed the actions that the Board was being asked to ratify. The Board had no questions on the ratification.

On MOTION by Mr. Brouillard, seconded by Mr. Hutson, with all in favor, the Actions Taken by Chair in Executing Deeds and Agreements Relative to Property Ownership and Maintenance Responsibilities, were ratified.

NINTH ORDER OF BUSINESS	Financing Matters
A. Consideration of Resolution 2022-03 Authorizing the Issuance and Validation of Series 2022A Refunding Bonds
Mr. Flint presented the resolution to the Board.

May 17, 2022	Indigo East CDD

On MOTION by Mr. Gysen, seconded by Mr. Hutson, with all in favor, Resolution 2022-03 Authorizing the Issuance and Validation of Series 2022A Refunding Bonds, was approved.

Exhibit A - Interlocal Agreement
Mr. Flint noted that Mr. Johnson had provided a revised Interlocal Agreement for the Board's review.

Exhibit B - Series 2022A Supplemental Trust Indenture
Mr. Flint reviewed the Supplemental Trust Indenture for Series 2022A.

TENTH ORDER OF BUSINESS	General Election Qualifying Period and
Procedure
Mr. Flint explained the general election and qualifying period for the Board.

ELEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Wagoner had nothing further to report to the Board.

District Manager
Approval of Check Register
Mr. Flint presented the check register.

On MOTION by Ms. LaFrance, seconded by Mr. Brouillard, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint noted that the financials were in the agenda for review, there was no action necessary.

Presentation of Number of Registered Voters: 945
Mr. Flint noted that they were required to present the number of registered voters every year as of April 15. There were currently 945 registered voters in the District.

May 17, 2022
TWELFTH ORDER OF BUSINESS
There being none, the next item followed.

TIDRTEENTH ORDER OF BUSINESS
There being none, the next item followed.

FOURTEENTH ORDER OF BUSINESS
The meeting was adjourned.

Other Business

Supervisors Request

Adjournment

Indigo East CDD

On MOTION by Ms. Lafrance, seconded by Mr. Brouillard, with all in favor, the meeting was adjourned.

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Chairmifu  -	-------------